Growth of the Solar industry has been unexpected and immense in the past few years. Attractive pricing, government subsidies and improved customer awareness have aided the growth of solar. In this article, we will discuss some of the top reasons our clients chose to opt for solar instead of traditional forms of energy.
Renewable Energy Source
Solar energy is clean energy and does not emit any harmful greenhouse gases like other energy sources. In fact, if you own a 5kW solar system, it is equivalent to planting around 80 trees every year.
We can never run out of solar energy and it can be harnessed in almost all areas of the world.
Reduces Electricity Bills
Since you will be meeting your energy needs with the electricity generated by your solar system, your electricity bills will drop drastically. With netmetering, you can offset the electricity used from the grid by exporting excess electricity generated by your system. The cost you save on your bill will depend on the size of the solar system and your electricity consumption. Our customers typically save up to 80-90% of their electricity bill every month.
Low Maintenance Costs
Solar energy systems generally don’t require a lot of maintenance. You will only need to keep the panels free of any dust or debris. Cleaning them twice a week will ensure the panels can capture maximum sunlight and provide optimum generation.
There are no moving parts, so there is no wear and tear. The inverter is usually the only part that may need to be changed after 5-10 years.
Higher ROI
Investing ₹1 lakh in solar would give you a return of ₹25,000-30,000 a year (ROI of 25%-30%) through reduced power bills. This high ROI makes solar one of the best, risk-free investments.
Solar is the best investment one can make at this time with no risk. When compared to gold, stock market or mutual funds, investing in solar gives you faster payback and better ROI. Invest in Solar with Freyr Energy and have no regrets.
Frequently Asked Questions
Solar energy is a source of clean and green energy in use today. Unlike traditional energy, solar is a reliable alternative that ensures no emission of greenhouse or poisonous gasses. With that being said, here are some benefits of solar energy, including:
- Offers clean energy with no harmful emissions
- Installing solar panels results in solar energy cost savings and gives out savings on monthly electricity bills.
One of the biggest advantages of solar power usage is it allows a hefty reduction in power bills. Additionally, residents can make the most using net metering and earn credits as a result.
If you clean the dust on your solar panels every two weeks, then the cost to maintain solar energy systems will be lower.
Unlike coal-fuelled power sources, solar energy does not contribute to emissions in any way.
Absolutely yes! The amount of sunlight is unlimited and is available in all parts of the world. Solar energy can be produced throughout the world.